Module and cell manufacturer Talesun has partnered with local energy firm Anadolu Enerji to develop and build solar farms in Turkey.
Portugal-based Martifer Solar has completed the construction of two PV plants in Romania totalling 5.41MWp.
Indian company ACME Group has signed an agreement with Samsung SDI to produce lithium-ion batteries for use in applications including solar power systems in India and Africa.
The number of PV projects set to compete in Brazil’s forthcoming national energy auction has been trimmed from 152 to 88, according to the country’s energy agency, EPE.
President Obama has set all US government agencies a 20% renewable energy generation target by 2020.
German project developer SAG Solarstrom has cancelled a triple-digit megawatt pipeline citing onerous financial commitments required to start projects.
Renewable power conversion technology manufacturer, Ideal Power, has raised US$17.25 million from its initial public offering (IPO).
Hanwha Chemical, the owner of PV module manufacturer, Hanwha Q CELLS, has made a US$188.5 million cash injection into the company to expand capacity and expand its downstream PV project business.
Due to previously announced working capital constraints, China Sunergy (CSUN) was forced to increase its exposure to providing PV modules under OEM agreements in the third quarter of 2013.
Tier one Chinese PV manufacturer, ReneSola has reported another quarter of record shipments and revenue that exceeded guidance as its PV module and OEM business continued to increase.
The California Public Utilities Commission (CPUC) has found an average weighted price of less than USD 0.08/kWh for renewable projects approved through the third round of its Renewable Auction Mechanism (RAM), held in December 2012.
Calyxo GmbH (Bitterfeld-Wolfen, Germany) has inaugurated a new, fully automated production line for its cadmium telluride (CdTe) thin film solar photovoltaic (PV) modules at its facility in Bitterfed-Wolfen. The new line has an annual output of 60 MW.
Lux Research Inc. (Boston, Massachusetts, U.S.) has released a new report which predicts that unsubsidized utility-scale solar photovoltaic (PV) generation will become cost-competitive with natural gas generation in 10 regions globally by 2025.
“Cheap Natural Gas: Fracturing Dreams of a Solar Future” notes that PV generation can be competitive with natural gas as early as 2020 with gas prices between USD 4.90-9.30/MMBTU, depending on the location. It also finds that increased gas penetration will benefit PV by enabling hybrid gas/PV technologies.
The UK Department of Energy and Climate Change (DECC) has released a number of changes to its non-domestic renewable heat incentive (RHI), including increased payment levels for solar thermal and other technologies.
Under the proposal, RHI levels for solar thermal will increase to 9-23% to GBP 0.10-0.113 (USD 0.137-0.154) per kWh-thermal in 2014-2015. This is a response to the very low level of solar thermal deployment under the policy.
China Sunergy Co. Ltd. (Nanjing, China) reports a 21% sequential fall in revenue to USD 57.1 million in the third quarter of 2013, which the company blames on working capital constraints and a shift to its original equipment manufacturing (OEM) business.
The company also reports a -23% operating margin and a net loss of USD 13.6 million, both significant declines from the previous quarter. China Sunergy expects its business to recover in the fourth quarter of 2013.
Hanwha Chemical (Seoul) has provided EUR 138 million (USD 189 million) in cash to Hanwha Q CELLS GmbH (Bitterfeld-Wolfen), which the company says will support an expansion of its production capacity as well as its solar photovoltaic (PV) project solutions business.
This will include adding an additional PV cell line at its manufacturing facility in Malaysia and expanding its module manufacturing capacity with partners in Europe and Asia. Hanwha notes that this investment is part of its larger strategy in the sector.
On December 5th, 2013 U.S. President Barack Obama signed a memorandum directing the nation's federal government to meet 20% of its electricity demand with renewable energy sources by 2020, more than double the current level. As a first step, agencies are required to source 10% of their electricity from renewables by 2015.
Bulgaria's parliament has approved a 20% tax on solar photovoltaic (PV) and wind production, coupled with a limitation on hours of production, introduced by the nationalist Attack Party. Together, the Bulgarian Photovoltaic Association (BPVA) expects this to result in a 43% reduction in income for PV plant operators.
ReneSola Ltd. (Jiashan, China) has released third quarter 2013 results, reporting record silicon wafer and solar photovoltaic (PV) module shipments of 851 MW and USD 419 million in revenues, including a boom in sales into the United States. However, the company also reported a -43% operating margin and a net loss of USD 200 million.
The government of Ontario has issued a new long-term energy plan, which includes a new competitive solicitation process for solar photovoltaic (PV) projects larger than 500 kW, as part of a commitment to add 340 MW of PV annually.
Through the solicitation Ontario will procure 140 MW of PV in both 2014 and 2015, as well as 150 MW of PV projects smaller than 500 kW through the nation's feed-in tariff, and 50 MW of PV smaller than 10 kW through the MicroFIT. The plan has been welcomed by the Canadian Solar Industry Association (CanSIA).